COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 20 July 11
TCM COAL PROJECT IN SOUTH KALIMANTAN MOVES TO FINAL FEASIBILITY STUDY

 
COALspot.com - Pan Asia Corporation Ltd has executed a formal agreement with an underground mining group KOPEX to undertake a final feasibility study on the PT Transcoal Minergy (TCM) coal project in South Kalimantan, according to press release issued by Pan Asia Corporation Ltd .  Pan Asia Corporation Limited is a rapidly growing diversified resources company primary listed on the Australian Securities Exchange and secondary listed on the Frankfurt Stock Exchange and with offices in Perth and Sydney, Australia and Jakarta, Indonesia.

This agreement follows the recently completed independent study which indicated the project’s viability targeting 1.5 million saleable tones of high CV coal annually over a 15 year period.

The scope of works for study is comprehensive and includes all aspects normally addressed in a final feasibility study. Key front end items include the additional drilling program currently underway to improve confidence in all aspects of the geological information and to also assess the opportunity for an open pit operation in the central west part of the concession. This drilling will also provide a preliminary determination of the status of the North Area under-ground resources as a potential second under-ground operation. 

Pan Asia has also recently appointed Palaris Mining Pty Ltd as an independent adviser to the final feasibility study. Palaris has been extensive in consulting on underground mining projects.

The Current resource for the TCM concession is 52.20 million tones comprising 22.04 million tonnes of indicated resources and 30.16 million tones of inferred coal resources. The average coal quality is 6,534 kcal/kg (adb), moisture 5.65%, ash 14.24%, and TS 1.16%. The study is scheduled to be completed by the end of the first quarter of 2012 and will represent a major step forward for the company.

Pan Asia’s CEO Alan Hopkins says, “We have now launched into the final feasibility study stage of this project, and its outcome should prove to be one of the catalysts that significantly re-rate the company.

Additional drilling and test work has already started, and we look forward to the resource updates to come. In June 2011, Pan Asia announced that KOPEX had completed an independent study on the TCM project with a recommendation that the project be advanced to final feasibility stage. The study indicated that 1.5 million saleable tonnes annually 15 years, following initial construction, is considered achievable. Based on the levels of details in that study, the target underground area at TCM presents a viable and economic opportunity. Additional underground mineralization may exist in the North area.

Kopex considered a number of mining methods that could be employed and concluded that retreat long wall mining would be the preferred method due to potentially higher extraction rates and controlled caving methods to best attain the saleable tones established for the project.

To contact the reporter on this story: Efendi at
efendi@coalspot.com



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 25 March 23
COAL INDIA HAS STRONG CASE TO INCREASE PRICES, TALKS ON: CMD AGRAWAL - BUSINESS STANDARD
Coal India (CIL) Chairman and Managing Director Pramod Agrawal said on Monday there is a “strong case” for increasing coal prices, and ...


Saturday, 25 March 23
ASIAN CRUDE PALM OIL WATCH 1Q23 - FITCH RATINGS
Malaysian benchmark crude palm oil (CPO) spot prices have averaged around USD915 per tonne (t) so far in 1Q23, sharply lower than the average of ar ...


Saturday, 25 March 23
INDONESIA’S COAL EXPORT INCREASED BY 21.0% YOY TO 388.4 MLN T IN 2022 - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels. In the f ...


Saturday, 25 March 23
GLOBAL LNG-ASIA SPOT PRICES SLIP AS WEAK NORTHERN DEMAND REMAINS - REUTERS
Asian spot prices of liquefied natural gas (LNG) declined this week, falling to a 21-month low, as weak demand in the northeast Asia region continu ...


Wednesday, 22 March 23
OIL PRICE FALL SPECULATIVE, TO HIT $140 BY YEAR-END -ANDURAND: REUTERS
The recent fall in oil prices due to banking jitters is speculative and oil will hit $140 a barrel by the end of the year, hedge fund manager Pierr ...


   22 23 24 25 26   
Showing 116 to 120 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Inspectorate - India
  • KPMG - USA
  • The State Trading Corporation of India Ltd
  • Semirara Mining and Power Corporation, Philippines
  • Shree Cement - India
  • Kalimantan Lumbung Energi - Indonesia
  • Price Waterhouse Coopers - Russia
  • CESC Limited - India
  • Indorama - Singapore
  • Makarim & Taira - Indonesia
  • Grasim Industreis Ltd - India
  • Indonesia Power. PT
  • Thomson Reuters GRC
  • GAC Shipping (India) Pvt Ltd
  • TeaM Sual Corporation - Philippines
  • Vitol - Bahrain
  • Indonesian Coal Mining Association
  • Interocean Group of Companies - India
  • Maersk Broker
  • CCIC - Indonesia
  • European Bulk Services B.V. - Netherlands
  • ING Bank NV - Singapore
  • Vedanta Resources Plc - India
  • GMR Energy Limited - India
  • Iligan Light & Power Inc, Philippines
  • Gupta Coal India Ltd
  • Straits Asia Resources Limited - Singapore
  • Parry Sugars Refinery, India
  • Oldendorff Carriers - Singapore
  • Xindia Steels Limited - India
  • Coastal Gujarat Power Limited - India
  • Global Business Power Corporation, Philippines
  • Ministry of Mines - Canada
  • The India Cements Ltd
  • Adani Power Ltd - India
  • TNPL - India
  • Coalindo Energy - Indonesia
  • Rudhra Energy - India
  • Pinang Coal Indonesia
  • Kumho Petrochemical, South Korea
  • Posco Energy - South Korea
  • Russian Coal LLC
  • Mitra SK Pvt Ltd - India
  • PetroVietnam Power Coal Import and Supply Company
  • SRK Consulting
  • Deloitte Consulting - India
  • Toyota Tsusho Corporation, Japan
  • Goldman Sachs - Singapore
  • Marubeni Corporation - India
  • Petron Corporation, Philippines
  • Asia Cement - Taiwan
  • Adaro Indonesia
  • Formosa Plastics Group - Taiwan
  • Trasteel International SA, Italy
  • Riau Bara Harum - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • ACC Limited - India
  • EIA - United States
  • KOWEPO - South Korea
  • Baramulti Group, Indonesia
  • Cemex - Philippines
  • SUEK AG - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Sree Jayajothi Cements Limited - India
  • IHS Mccloskey Coal Group - USA
  • Electricity Generating Authority of Thailand
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • PLN - Indonesia
  • PLN Batubara - Indonesia
  • Meralco Power Generation, Philippines
  • Heidelberg Cement - Germany
  • Sakthi Sugars Limited - India
  • Directorate Of Revenue Intelligence - India
  • Petrosea - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • PNOC Exploration Corporation - Philippines
  • Bhushan Steel Limited - India
  • MS Steel International - UAE
  • Vizag Seaport Private Limited - India
  • Bank of China, Malaysia
  • OPG Power Generation Pvt Ltd - India
  • Indika Energy - Indonesia
  • SGS (Thailand) Limited
  • Edison Trading Spa - Italy
  • Latin American Coal - Colombia
  • Georgia Ports Authority, United States
  • Australian Commodity Traders Exchange
  • Total Coal South Africa
  • Mechel - Russia
  • McConnell Dowell - Australia
  • Humpuss - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • SMG Consultants - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Sucofindo - Indonesia
  • Mjunction Services Limited - India
  • Kaltim Prima Coal - Indonesia
  • Tata Chemicals Ltd - India
  • JPower - Japan
  • Thailand Anthracite
  • Britmindo - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • New Zealand Coal & Carbon
  • Freeport Indonesia
  • Idemitsu - Japan
  • Ince & co LLP
  • Siam City Cement PLC, Thailand
  • Orica Mining Services - Indonesia
  • Larsen & Toubro Limited - India
  • Maharashtra Electricity Regulatory Commission - India
  • Independent Power Producers Association of India
  • Leighton Contractors Pty Ltd - Australia
  • Rio Tinto Coal - Australia
  • SN Aboitiz Power Inc, Philippines
  • Kobexindo Tractors - Indoneisa
  • Bukit Asam (Persero) Tbk - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Videocon Industries ltd - India
  • GB Group - China
  • JPMorgan - India
  • Qatrana Cement - Jordan
  • IEA Clean Coal Centre - UK
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Japan Coal Energy Center
  • Borneo Indobara - Indonesia
  • Madhucon Powers Ltd - India
  • Xstrata Coal
  • WorleyParsons
  • Cosco
  • India Bulls Power Limited - India
  • Star Paper Mills Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Merrill Lynch Bank
  • Deutsche Bank - India
  • PetroVietnam
  • Samsung - South Korea
  • Coeclerici Indonesia
  • IOL Indonesia
  • Romanian Commodities Exchange
  • Vale Mozambique
  • Intertek Mineral Services - Indonesia
  • Bangladesh Power Developement Board
  • Krishnapatnam Port Company Ltd. - India
  • Siam City Cement - Thailand
  • AsiaOL BioFuels Corp., Philippines
  • OCBC - Singapore
  • Metalloyd Limited - United Kingdom
  • Ministry of Transport, Egypt
  • SASOL - South Africa
  • Bangkok Bank PCL
  • Eastern Coal Council - USA
  • Aditya Birla Group - India
  • Reliance Power - India
  • Parliament of New Zealand
  • TANGEDCO India
  • Tata Power - India
  • Wood Mackenzie - Singapore
  • BNP Paribas - Singapore
  • Mitsubishi Corporation
  • TNB Fuel Sdn Bhd - Malaysia
  • Wilmar Investment Holdings
  • Chamber of Mines of South Africa
  • Bhatia International Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Maheswari Brothers Coal Limited - India
  • VISA Power Limited - India
  • EMO - The Netherlands
  • Global Coal Blending Company Limited - Australia
  • Enel Italy
  • IMC Shipping - Singapore
  • Sindya Power Generating Company Private Ltd
  • U S Energy Resources
  • Cardiff University - UK
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • South Luzon Thermal Energy Corporation
  • Renaissance Capital - South Africa
  • The Treasury - Australian Government
  • BRS Brokers - Singapore
  • Sojitz Corporation - Japan
  • Globalindo Alam Lestari - Indonesia
  • Maybank - Singapore
  • Platou - Singapore
  • Directorate General of MIneral and Coal - Indonesia
  • Arutmin Indonesia
  • Singapore Mercantile Exchange
  • Glencore India Pvt. Ltd
  • International Coal Ventures Pvt Ltd - India
  • Ceylon Electricity Board - Sri Lanka
  • PTC India Limited - India
  • Agrawal Coal Company - India
  • Central Java Power - Indonesia
  • Minerals Council of Australia
  • IBC Asia (S) Pte Ltd
  • ETA - Dubai
  • Ernst & Young Pvt. Ltd.
  • Dalmia Cement Bharat India
  • Africa Commodities Group - South Africa
  • Port Waratah Coal Services - Australia
  • Commonwealth Bank - Australia
  • Thermax Limited - India
  • Barasentosa Lestari - Indonesia
  • Standard Chartered Bank - UAE
  • UOB Asia (HK) Ltd
  • Manunggal Multi Energi - Indonesia
  • Mercuria Energy - Indonesia
  • The University of Queensland
  • Thriveni
  • HSBC - Hong Kong
  • Runge Indonesia
  • London Commodity Brokers - England
  • Jaiprakash Power Ventures ltd
  • McKinsey & Co - India
  • TGV SRAAC LIMITED, India
  • Geoservices-GeoAssay Lab
  • Credit Suisse - India
  • Jindal Steel & Power Ltd - India
  • Economic Council, Georgia
  • Coal India Limited
  • Chettinad Cement Corporation Ltd - India
  • Coaltrans Conferences
  • GVK Power & Infra Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • Salva Resources Pvt Ltd - India
  • Core Mineral Indonesia
  • Moodys - Singapore
  • Petrochimia International Co. Ltd.- Taiwan
  • LBH Netherlands Bv - Netherlands
  • Timah Investasi Mineral - Indoneisa
  • Cebu Energy, Philippines
  • Meenaskhi Energy Private Limited - India
  • Energy Link Ltd, New Zealand
  • Permata Bank - Indonesia
  • Semirara Mining Corp, Philippines
  • Cement Manufacturers Association - India
  • Ministry of Finance - Indonesia
  • Thai Mozambique Logistica
  • Anglo American - United Kingdom
  • Medco Energi Mining Internasional
  • Merrill Lynch Commodities Europe
  • Jatenergy - Australia
  • Bayan Resources Tbk. - Indonesia
  • J M Baxi & Co - India
  • Miang Besar Coal Terminal - Indonesia
  • Banpu Public Company Limited - Thailand
  • Sarangani Energy Corporation, Philippines
  • PowerSource Philippines DevCo
  • Kobe Steel Ltd - Japan
  • Indian Energy Exchange, India
  • Indian Oil Corporation Limited
  • Mitsui
  • Planning Commission, India
  • Rashtriya Ispat Nigam Limited - India
  • Aboitiz Power Corporation - Philippines
  • Mercator Lines Limited - India
  • Inco-Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Surastha Cement
  • Bharathi Cement Corporation - India
  • DBS Bank - Singapore
  • Central Electricity Authority - India
  • Electricity Authority, New Zealand
  • Australian Coal Association
  • CNBM International Corporation - China
  • APGENCO India
  • Berau Coal - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Noble Europe Ltd - UK
  • Cargill India Pvt Ltd
  • globalCOAL - UK
  • Shenhua Group - China
  • Mintek Dendrill Indonesia
  • ICICI Bank Limited - India
  • Karaikal Port Pvt Ltd - India
  • Argus Media - Singapore
  • Gresik Semen - Indonesia
  • GHCL Limited - India
  • Indian School of Mines
  • Kideco Jaya Agung - Indonesia
  • Maruti Cements - India
  • Gujarat Electricity Regulatory Commission - India
  • World Coal - UK
  • Gujarat Mineral Development Corp Ltd - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Asian Development Bank
  • Sical Logistics Limited - India
  • Lafarge - France
  • KEPCO - South Korea
  • Malabar Cements Ltd - India
  • Energy Development Corp, Philippines
  • World Bank
  • Kepco SPC Power Corporation, Philippines
  • Fearnleys - India
  • ASAPP Information Group - India
  • bp singapore
  • Arch Coal - USA
  • SMC Global Power, Philippines
  • White Energy Company Limited
  • Karbindo Abesyapradhi - Indoneisa
  • GNFC Limited - India
  • Binh Thuan Hamico - Vietnam
  • Bank of America
  • Indo Tambangraya Megah - Indonesia
  • Bulk Trading Sa - Switzerland
  • Ambuja Cements Ltd - India
  • Carbofer General Trading SA - India
  • Eastern Energy - Thailand
  • NALCO India
  • Peabody Energy - USA
  • Asmin Koalindo Tuhup - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • MEC Coal - Indonesia
  • Barclays Capital - USA
  • Samtan Co., Ltd - South Korea
  • KPCL - India
  • Gujarat Sidhee Cement - India
  • ANZ Bank - Australia
  • Platts
  • Bhoruka Overseas - Indonesia
  • Indogreen Group - Indonesia
  • UBS Singapore
  • CoalTek, United States
  • Orica Australia Pty. Ltd.
  • Essar Steel Hazira Ltd - India
  • Clarksons - UK
  • Altura Mining Limited, Indonesia
  • NTPC Limited - India
  • Thiess Contractors Indonesia
  • Tamil Nadu electricity Board
  • Simpson Spence & Young - Indonesia
  • Infraline Energy - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Panama Canal Authority
  • Antam Resourcindo - Indonesia
  • Lanco Infratech Ltd - India
  • Cigading International Bulk Terminal - Indonesia
  • Savvy Resources Ltd - HongKong
  • Coal Orbis AG
  • San Jose City I Power Corp, Philippines
  • CIMB Investment Bank - Malaysia
  • Power Finance Corporation Ltd., India
  • Ind-Barath Power Infra Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • Coal and Oil Company - UAE
  • Tanito Harum - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Uttam Galva Steels Limited - India
  • TRAFIGURA, South Korea
  • Attock Cement Pakistan Limited
  • Bukit Makmur.PT - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • RBS Sempra - UK
  • Malco - India
  • Therma Luzon, Inc, Philippines